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NO ROMNEY .. NO WAY!
Romney Push for Rockefeller
http://news.google.com/newspapers?id=4clRAAAAIBAJ&sjid=t2wDAAAAIBAJ&pg=4261,56401&dq=romney&hl=en
The more things change, the more they stay the same...
Pretty powerful presentation ,,, to bad it’s so long and probably won’t be seen on the tube in Fla. before tuesdays primary . I saw it first in an eMail from the BLAZE ,, I fear it won’t be seen by the masses though .
http://www.freerepublic.com/focus/f-news/2839181/posts
Romney Was Manager and Board Member of Corp Guilty of Medicare Fraud (More info - the sauce thickens
Newsmax ^ | 1/27/2012 | Dave Eberhart
(MORE AT FR LINK)
http://www.deseretnews.com/m/article/680195957
Perhaps the most legally thorny was Bain Capital’s 1989 purchase of Damon Corp., a Needham medical testing firm that later pleaded guilty to defrauding the federal government of $25 million and paid a record $119 million fine.
Romney sat on Damon’s board. During Romney’s tenure, Damon executives submitted bills to the government for millions of unnecessary blood tests. Romney and other board members were never implicated.
More than a decade later, when Romney was in pursuit of the Massachusetts governorship, his Democratic opponent Shannon O’Brien accused him of lax oversight at Damon and failing to report the fraud.
Romney replied that he had helped uncover the illegal activity at Damon, asking the board’s lawyers to investigate. As a result, he said, the board took “corrective action” before selling the company in 1993 to Corning Inc.
But court records suggest that the Damon executives’ scheme continued throughout Bain’s ownership, and prosecutors credited Corning, not Romney, with cleaning up the situation. Bain, meanwhile, tripled its investment.
Romney personally reaped $473,000.
(snip)
In 1997, he balked again, at the acquisition of a Los Angeles video distributor and movie producer that would be renamed Artisan Entertainment and become famous for producing the movie “The Blair Witch Project.”
Romney worried that Bain Capital’s image would suffer from the perception it “had gone Hollywood,” according to Rehnert, the Bain partner who proposed he deal.
Romney had another problem. The studio had an extensive library of R-rated films, which The Church of Jesus Christ of Latter-day Saints discourages its members from watching.
Rehnert calmed Romney’s image concerns by enlisting a Chicago firm to join the deal, sharing the risk and deflecting attention from Bain.
Romney, balancing his duty to make money for his investors with his religious beliefs, let the deal go through, but declined to co-invest his own money, which partners usually did.
“I didn’t want to profit from a studio that made R-rated movies,” Romney said recently.
By the time Bain Capital sold its interest in Artisan in 1999, it had more than tripled its investment.
(snip)
http://www.allbusiness.com/services/motion-pictures/4927634-1.html
Can an upstart born in porn become the premier independent film studio? That’s what the founders of Artisan Entertainment are betting, despite the odds.
Ever since last summer, when a group of investors took LIVE Entertainment private in a $150 million buyout, they have pledged to turn the newly named Artisan into a major Hollywood contender.
(snip)
At Bain Consulting, Curcio was a partner in the Los Angeles office, where he worked on entertainment mergers and acquisitions. In doing so, Curcio and his partners realized the industry’s potential.
“It’s a huge industry with high growth rates that historically do not invest well,” he said.
As a consultant, Curcio met Block, who at the time was with ICM.
“We looked at buying October Films, but then the price went up, and Universal bought them,” said Curcio. Then, Bain stumbled onto LIVE Entertainment, which at the time was trying to recapitalize.
LIVE had a checkered history. The company started as Caballero, a firm whose output included numerous pornographic videos. In the mid-1980s, Caballero sold LIVE Entertainment its children’s titles.
LIVE will be forever associated with the Menendez Brothers, whose father, Jose, headed the company in the late 1980s. When Jose and his wife, Kitty, were gunned down at their Beverly Hills home in 1989, the sons, who were later convicted of the crimes, suggested that a porn-film purveyor was the murderer.
Doesn’t make much difference the blind slaves will still follow Romney. The rest of us realize who Romney is.